Tag Archive for ‘specialty trade’

One-person Firms in Residential Construction: Many but Small

In 2014, there were 1.7 million one-person firms in specialty trade contracting (carpenters, electricians, plumbers, etc.), 582,000 in residential building construction (e.g., home builders and remodelers), and 11,000 in land subdivision (developers of residential lots). These numbers come from the latest U.S. Census Bureau’s Nonemployer Statistics,  which define a nonemployer as a business with no-paid employees, which means essentially that… Read More ›

(In)stability in Special Trade Employment

NAHB tabulations of employment data from the Bureau of Labor Statistics (BLS) show that nearly 1.4 million specialty trade (or subcontractor) employees left the industry from 2006 to 2011. In spite of the significant drop in the number of specialty trade employees observed in the BLS data on companies, annual statistics for specialty trade nonemployer firms (one-person firms) have been… Read More ›